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May 2022

  • AP
  • Headlines

BNSF tweaks attendance rules but unions still complain

The Cheap InvestorMay 16, 2022May 17, 20220

OMAHA, Neb. (AP) — BNSF railroad is tweaking its strict new attendance policy that upset workers, but the unions that…

  • AP
  • Headlines

Once a powerful symbol in Russia, McDonald’s withdraws

The Cheap InvestorMay 16, 2022May 17, 20220

Two months after the Berlin Wall fell, another powerful symbol opened its doors in the middle of Moscow: a gleaming…

Big Oil Gets Investor Reprieve As Energy Worries Trump Climate Concerns
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  • Reuters

Big Oil Gets Investor Reprieve As Energy Worries Trump Climate Concerns

The Cheap InvestorMay 16, 20220

(In this May 10 story, the date of ConocoPhillips shareholder meeting has been corrected in paragraph nine.) By Ross Kerber…

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  • Headlines

A Bezos-Biden squabble: Can corporate taxes tame inflation?

The Cheap InvestorMay 16, 2022May 17, 20220

WASHINGTON (AP) — Jeff Bezos this weekend became the latest centibillionaire to launch a political fight on Twitter by denouncing…

Explainer-What Happened With Abbott Baby Formula That Worsened A U.S. Shortage?
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Explainer-What Happened With Abbott Baby Formula That Worsened A U.S. Shortage?

The Cheap InvestorMay 16, 20220

(Reuters) – Abbott Laboratories, the biggest U.S. supplier of powder infant formula including Similac, initiated a recall and closed its…

Twitter CEO Defends Company's Count Of Spam Accounts After Musk Criticism
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Twitter CEO Defends Company’s Count Of Spam Accounts After Musk Criticism

The Cheap InvestorMay 16, 20220

By Katie Paul (Reuters) -Twitter Inc CEO Parag Agrawal on Monday tweeted that internal estimates of spam accounts on the…

Wall Street Mixed As Energy Rallies And Tesla Tumbles
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Wall Street Mixed As Energy Rallies And Tesla Tumbles

The Cheap InvestorMay 16, 20220

By Amruta Khandekar and Noel Randewich (Reuters) – Wall Street was mixed on Monday, with energy stocks rallying and Tesla…

U.S. Eyes Baby Formula Imports Amid Nationwide Shortage
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  • Reuters

U.S. Eyes Baby Formula Imports Amid Nationwide Shortage

The Cheap InvestorMay 16, 20220

By Susan Heavey and Jeff Mason WASHINGTON (Reuters) -U.S. health regulators will announce action on baby formula imports as soon…

Eni To Open Accounts For Russian Gas After EU Clarification - Sources
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  • Reuters

Eni To Open Accounts For Russian Gas After EU Clarification – Sources

The Cheap InvestorMay 16, 20220

MILAN (Reuters) – Italian energy group Eni will open accounts this week to pay for Russian gas after clarification such…

TerraUSD Backer Says Will Compensate Some Users; Bitcoin Back Below $30,000
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  • Reuters

TerraUSD Backer Says Will Compensate Some Users; Bitcoin Back Below $30,000

The Cheap InvestorMay 16, 20220

By Alun John HONG KONG (Reuters) – An affiliate of the company behind collapsed stablecoin TerraUSD said on Monday it…

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